Account Loan definition

Account Loan. Error! Reference source not found.Error! Reference source not found.Error! Reference source not found. Error! Reference source not found. Error! Reference source not found. Transactional Account (S1) Goal Account (S2) Christmas Club (S3) Achiever Saver (S5) Bonus Saver (S6) Total $ Please note that any changes made to the above amounts do not affect payments made to the Police Association or Police Welfare Fund. Declaration
Account Loan means a loan secured by the pledge of an
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Examples of Account Loan in a sentence

  • If required by Lxxxxx, Bxxxxxxx further agrees and authorizes Lender or its Servicer to collect required payments from a transfer account established pursuant to certain Transfer Account Loan Documentation that will be provided by Lender in connection with this Business Loan and Security Agreement if applicable.


More Definitions of Account Loan

Account Loan means a loan owned by Seller as of the Closing Date that is fully secured by a Deposit Account and any Overdraft Loan.
Account Loan means any loan (plus interest accrued thereon through the Effective Time) resulting from a sum advanced to a customer on the sole security value of an Account other than a transaction account, as defined in the Federal Reserve Act and regulations, which are outstanding as of the Effective Time. An Account Loan is also sometimes referred to herein as a "Share Loan". Account Loan also includes overdraft lines of credit on accounts.
Account Loan means any loan owned by WMBfsb as of the Closing Date that is either (i) secured by an account at a Banking Office together with all accrued but-unpaid interest and any accrued but unpaid late or other charges thereon or (ii) any overdraft balances on accounts at a Banking Office together with all accrued but unpaid interest and any accrued but unpaid late or other charges thereon ("Overdraft Loan").
Account Loan means money that you provide to a Project through Lendwithcare when you have a Lender Account;
Account Loan shall have the meaning attributed thereto in Section 2.8.

Related to Account Loan

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Investment Account As defined in Section 3.12(a).

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.